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Iowa Home Sales Improve in February
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It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
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REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
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Iowa Home Sales Improve in February
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
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Iowa Home Sales Improve in February

March 22, 2012 (Shirley Allen)

An early spring came to Iowa as monthly sales of existing single-family homes and condominiums jumped from January to February, but home prices continued to edge downward according to the latest housing data from the Iowa Association of Realtors® (IAR).

An estimated total of 1,861 existing single-family homes and condos were sold in the Hawkeye State in February. That was 15.0 percent higher than the 1,618 homes sold in January and 19.4 percent higher than the 1,558 homes sold in February 2011.

The median sales price for an existing home in Iowa fell by 3.7 percent in February to $105,000, down from $109,000 in January, and was 4.5 percent lower than the median price of $110,000 in February of last year.

Dale Gross, president of the Iowa Association of Realtors®, stated, “I think there were more sales in January and February than what’s typical for this time of year for a few reasons. The weather was unseasonably warm, which is great for house hunting, the economy continues to show signs of recovery, and interest rates are still incredibly low. These conditions make for a good time to buy.”

Of the 44 local boards that provide data for the monthly report, 29 of the boards reported gains in home sales over the previous year with Fort Dodge (+113.3 percent) reporting the largest increase while the Cedar Rapids area (-12.8 percent) posted the largest monthly decline in sales (minimum 30 sales).

The Des Moines area recorded the most sales for the month with an estimated 505 home sales, up from 427 the previous month, while the Quad City area followed with an estimated 250 home sales for the month, up from 201 in January.

Year-over-year, 25 local boards posted an increase in their median prices led by Bluegrass (+114.4 percent) with Ottumwa (-42.2 percent) posting the largest decline in prices.

The total number of homes available for sale across the state increased in February with 19,228 homes actively available, up from 18,924 in January. Despite the increase in housing inventory, the state had an average 10.3 months supply of homes available for purchase, down from a 11.7 months supply in January.

The average number of days that a home spent on the market was 115, down from 117 days in January, but unchanged from February 2011.

Tags: existing homes, condos, sales, median home prices, Iowa

Source:
IAR

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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BUYING OR SELLING A HOME IS A BIG DECISION
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HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
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YOU'VE WORKED HARD TO BUILD YOUR DREAM

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March 22, 2012 (Shirley Allen)

An early spring came to Iowa as monthly sales of existing single-family homes and condominiums jumped from January to February, but home prices continued to edge downward according to the latest housing data from the Iowa Association of Realtors® (IAR).

An estimated total of 1,861 existing single-family homes and condos were sold in the Hawkeye State in February. That was 15.0 percent higher than the 1,618 homes sold in January and 19.4 percent higher than the 1,558 homes sold in February 2011.

The median sales price for an existing home in Iowa fell by 3.7 percent in February to $105,000, down from $109,000 in January, and was 4.5 percent lower than the median price of $110,000 in February of last year.

Dale Gross, president of the Iowa Association of Realtors®, stated, “I think there were more sales in January and February than what’s typical for this time of year for a few reasons. The weather was unseasonably warm, which is great for house hunting, the economy continues to show signs of recovery, and interest rates are still incredibly low. These conditions make for a good time to buy.”

Of the 44 local boards that provide data for the monthly report, 29 of the boards reported gains in home sales over the previous year with Fort Dodge (+113.3 percent) reporting the largest increase while the Cedar Rapids area (-12.8 percent) posted the largest monthly decline in sales (minimum 30 sales).

The Des Moines area recorded the most sales for the month with an estimated 505 home sales, up from 427 the previous month, while the Quad City area followed with an estimated 250 home sales for the month, up from 201 in January.

Year-over-year, 25 local boards posted an increase in their median prices led by Bluegrass (+114.4 percent) with Ottumwa (-42.2 percent) posting the largest decline in prices.

The total number of homes available for sale across the state increased in February with 19,228 homes actively available, up from 18,924 in January. Despite the increase in housing inventory, the state had an average 10.3 months supply of homes available for purchase, down from a 11.7 months supply in January.

The average number of days that a home spent on the market was 115, down from 117 days in January, but unchanged from February 2011.

Tags: existing homes, condos, sales, median home prices, Iowa

Source:
IAR

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 22, 2012 (Shirley Allen)

An early spring came to Iowa as monthly sales of existing single-family homes and condominiums jumped from January to February, but home prices continued to edge downward according to the latest housing data from the Iowa Association of Realtors® (IAR).

An estimated total of 1,861 existing single-family homes and condos were sold in the Hawkeye State in February. That was 15.0 percent higher than the 1,618 homes sold in January and 19.4 percent higher than the 1,558 homes sold in February 2011.

The median sales price for an existing home in Iowa fell by 3.7 percent in February to $105,000, down from $109,000 in January, and was 4.5 percent lower than the median price of $110,000 in February of last year.

Dale Gross, president of the Iowa Association of Realtors®, stated, “I think there were more sales in January and February than what’s typical for this time of year for a few reasons. The weather was unseasonably warm, which is great for house hunting, the economy continues to show signs of recovery, and interest rates are still incredibly low. These conditions make for a good time to buy.”

Of the 44 local boards that provide data for the monthly report, 29 of the boards reported gains in home sales over the previous year with Fort Dodge (+113.3 percent) reporting the largest increase while the Cedar Rapids area (-12.8 percent) posted the largest monthly decline in sales (minimum 30 sales).

The Des Moines area recorded the most sales for the month with an estimated 505 home sales, up from 427 the previous month, while the Quad City area followed with an estimated 250 home sales for the month, up from 201 in January.

Year-over-year, 25 local boards posted an increase in their median prices led by Bluegrass (+114.4 percent) with Ottumwa (-42.2 percent) posting the largest decline in prices.

The total number of homes available for sale across the state increased in February with 19,228 homes actively available, up from 18,924 in January. Despite the increase in housing inventory, the state had an average 10.3 months supply of homes available for purchase, down from a 11.7 months supply in January.

The average number of days that a home spent on the market was 115, down from 117 days in January, but unchanged from February 2011.

Tags: existing homes, condos, sales, median home prices, Iowa

Source:
IAR

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

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